Lucintel's latest market report analyzed that automotive transmission provides attractive opportunities in the passenger car, light commercial vehicle, and electric vehicle markets. The automotive transmission market is expected to reach $679.9 billion by 2028 with a CAGR of 14%. In this market, automatic transmission is the largest segment by transmission type. The introduction of more efficient automatic transmission and increasing demand for hybrid and dual clutch transmission provides strategic growth path in this market.
Based on transmission
type, the automotive transmission market is segmented into Automatic and
Manual. The automatic transmission segment accounted for the largest share of
the market in 2022 and is expected to register the highest CAGR during the
forecast period, due to ease of operation and low maintenance cost which is
driving the automatic transmission market.
Browse in-depth TOC on
“Automotive Transmission Market”
72 – Tables
108 – Figures
256 – Pages
The Automotive
Transmission Market is marked by the presence of several big and small players.
Some of the prominent players offering automotive transmission include Aisin
Seiki, Robert Bosch, ZF Friedrichshafen, Continental, Magna, Eaton Corporation,
GKN, Jatco, BorgWarner, Schaeffler.
This unique research report will enable you
to make confident business decisions in this globally competitive marketplace. For
a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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